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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > I'm just being honest
View:
Post by HighOctane89 on Nov 03, 2022 7:30pm

I'm just being honest

I debated whether to even post anything regarding this report but to be fair and for whatever its worth ......

To be honest I feel like I just opened the shitiest Christmas present of all time , what a letdown . It just feels like a wasted quarter , like spinning your wheels . I was expecting (hoping) for more debt reduction but ces't la vie .

This all brings to mind a famous saying , "hope for the best but prepare for the worst" . It has never been more poignant than today ........ and I thought $8 was going to be breached tomorrow .

Oh well , it could have been worse , cheers !!!
Comment by BayStreetWolfTO on Nov 03, 2022 7:34pm
I appreciate for those that don't understand accounting and FX it can be confusing.  Lots of great resources online for accounting for fx and debt instruments 
Comment by HighOctane89 on Nov 03, 2022 8:17pm
Considering I have held this stock for a couple of years already and have poured over many a quarterly report , I understand accounting and the double edge of fx . I am not discouraged enough to sell out but I am disappointed , plain and simple .  Glad to see you back in the saddle again and obviously , as feisty as ever . Cheers Wolf 
Comment by Cobalt on Nov 03, 2022 8:20pm
Now we know why she was lagging behind most oils. 
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